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$724,000

NAL Estimated Property Value

230 Clear Creek DR, Burnet, TX, 78611

$941,200 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,443 Sq Ft
price_per_sqft$246.88 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

ARV FlipHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
AppliancesOven, Electric Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Electric Water Heater, Water Purifier Owned
FlooringCarpet, Tile

Exterior

Exterior FeaturesBoat Slip, Dock
Lot Size1 acre

Building Information

Year Built2022

Land Information

APNR000027308
Lot Number278-279
Land UseResidential
Legal DescriptionACRES: 1.000 PART LOT 278R PHASE 3 SILVER LAKES RANCH (REPLAT LOTS 278-279)
Census Tract950401
Assessed Land Value$17,450
Assessed Improvement Value$606,400
Assessment Year2025

About this property

Inks Lake Waterfront opportunity never before on the market! Single story mid-century modern feel perfect for a family compound or corporate retreat. Wall of windows line the back of the house with unobstructed views to Inks Lake. This single story lake-house has 3 large bedrooms & 4 bathrooms with multiple living spaces. Manicured grounds with large oak & pecan trees has been immaculately maintained for 60+ yrs. by the same family. Sits on 1.12 acres with an est. 284' of bulk-headed waterfront footage.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$724,000
Estimated Property Value
$350,186Estimated Mortgage Balance
$373,814Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$941,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$623,850
2025
$17,450
$606,400
$623,850
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$623,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Jacksboro National Bank
Commercial
$384,205
No
First
Sep 3, 2021
Sep 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,186
$373,814
51%
48%
$2,304/mo

City: Burnet

230 Clear Creek DR | Property Details | No Agent List